The Internal Revenue Service (IRS), a division of the U.S. Treasury Department, is announcing a fresh effort to locate high-income taxpayers who have neglected to file returns in prior years. These compliance visits can lead to IRS criminal investigations. Companies and individuals who want to know how to prepare for IRS visits need to be aware of the information in this latest news release from the tax authority.

Revenue Officers Will Conduct Face-to-Face Visits

IRS revenue officers are trained professionals. They are the government tax experts who will be making the visits to ensure compliance and fairness. Taxpayers and business owners are strongly advised to take advantage of filing extensions and various payment plans available on the IRS website, IRS criminal investigators have wide-ranging powers when they face non-cooperation from individuals or business owners they visit. Not only can these federal agents seize bank accounts and freeze assets, but they can also get court orders to repossess vehicles and other property.

Beginning this tax season, high-income taxpayers will be visited across the country. Anyone having trouble paying their tax bill should get caught up to date with payments or make arrangements to pay as soon as possible. IRS visits are serious matters and can result in dire financial consequences for anyone caught off guard. Knowing how to prepare for IRS visits can quickly turn into legal and financial trouble of the worst kind.

IRS Hiring Additional Enforcement Personnel

To prepare for a stepped-up number of IRS visits, the U.S. Treasury Dept. has been hiring extra enforcement agents in order to conduct what is expected to be many thousands of in-person interviews with anyone who has not filed past tax forms in a timely fashion. The specific time window includes the year 2018 and all tax year before that. According to the IRS, the agents will let taxpayers know how to bring their accounts up to date.

The latest news from the government's taxing authority noted that the IRS strives for fairness, especially when it comes to seeing that citizens and business owners in all income brackets pay the correct amount of tax they own and pay it on time. Filing late has many negative consequences, including:

  • A stiff penalty for failing to file

  • A penalty for paying taxes late, or anytime after the filing deadline

  • Penalties for filing incorrect or deliberately false tax documents of any kind

  • Potential criminal prosecution for those who refuse to file legally required tax forms, even after repeated warnings from the IRS

How To Prepare For IRS Visits

We at Fusion CPA can help your company create a comprehensive tax planning strategy and put specific controls in place that can help you avoid an IRS visit. There's no reason to fear a federal audit when you have an experienced CPA firm by your side. Our team can quickly file your prior year returns and show you h to avoid a face-to-face visit from an IRS investigator. Dealing with the IRS in an up-front, pro-active way is much better than waiting for an agent to visit you in person.

In addition to tax planning and preparation services we also offer bookkeeping and CFO Advisory. Part of our CFO business advisory services is to conduct software evaluations and make recommendations on the best practice management software for your business. With our seasoned financial advisors in play coupled with optimized technology, you can improve your operational efficiencies and financial management, which, as a result, can decrease the chances of the IRS knocking at your door. You can learn more about our services by clicking the button below to schedule a complimentary discovery call today!


This blog article is not intended to be the rendering of legal, accounting, tax advice or other professional services. Articles are based on current or proposed tax rules at the time they are written and older posts are not updated for tax rule changes. We expressly disclaim all liability in regard to actions taken or not taken based on the contents of this blog as well as the use or interpretation of this information. Information provided on this website is not all-inclusive and such information should not be relied upon as being all-inclusive